Building Bright Futures State Council Inc
- Assets
- $725.5k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 11
- Location
- Williston, VT
- Founding
- 07/2011
- Data as of
- 06/2022
- EIN
- 45-2392293
Organization Overview
Building Bright Futures State Council Inc, operating under the name State Advisory Council, is located in Williston, VT. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, State Advisory Council employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. State Advisory Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, State Advisory Council generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE WELL-BEING OF CHILDREN AND FAMILIES IN VERMONT BY USING EVIDENCE TO INFORM POLICY AND BRINGING VOICES TOGETHER TO DISCUSS CRITICAL CHALLENGES AND PROBLEM-SOLVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BBF STATEWIDE STRUCTURE AND PROGRAMS REGIONAL COUNCILS: BBF SUPPORTS 12 REGIONAL COUNCILS THAT WORK LOCALLY TO IDENTIFY GAPS, SHARE BEST PRACTICES, STRATEGIZE, AND SUPPORT RESPONSE TO COMMUNITY ISSUES THROUGH THEIR REGIONAL ACTION PLANS. REGIONAL COUNCILS ALSO CREATE COMMUNITY ENGAGEMENT OPPORTUNITIES TO FOSTER POSITIVE CHANGE FOR YOUNG CHILDREN. REGIONAL COUNCILS ELEVATE LOCAL VOICE AND ADVISE THE BBF STATE ADVISORY COUNCIL (SAC) ON LOCAL ISSUES, NEEDS, AND BRIGHT SPOTS TO STRENGTHEN BOTH LOCAL AND STATE-WIDE EARLY CHILDHOOD SYSTEMS. VERMONT'S EARLY CHILDHOOD ACTION PLAN (ECAP) & 7 ALIGNED COMMITTEES: BBF SERVES AS STEWARD OF THE ECAP BY CONVENING PARTNERS TO SET ANNUAL PRIORITIES, MONITORING PROGRESS, AND REPORTING IN A RESULTS BASED ACCOUNTABILITY FORMAT. THE ECAP REPRESENTS OUR COMMON GOALS FOR VERMONT'S CHILDREN AND FAMILIES, AND CREATES A PATHWAY FOR COLLECTIVE ACTION AND INFORMING THE SAC. STATE ADVISORY COUNCIL (SAC): THE SAC WAS CREATED TO ADVISE THE GOVERNOR, ADMINISTRATION AND LEGISLATURE ON EARLY CARE, HEALTH, AND EDUCATION. IT BRINGS TOGETHER EARLY CHILDHOOD LEADERS AND DECISION MAKERS FROM ACROSS SECTORS FOR SYSTEMS-LEVEL DISCUSSIONS ON HOW TO BETTER COORDINATE AND ENHANCE SERVICES FOR YOUNG CHILDREN. VERMONT INSIGHTS & HOW ARE VERMONT'S YOUNG CHILDREN AND FAMILIES (HAVYC) REPORT: THE GOAL OF VERMONT INSIGHTS (VI) AND THE REPORT ARE TO USE THE MOST UP-TO-DATE, HIGH QUALITY DATA TO INFORM POLICY. HAVYC IS AN ANNUAL PUBLICATION OF BBF THAT INCLUDES INDICATORS OF THE WELL-BEING FOR CHILDREN AND FAMILIES ACROSS VERMONT. VI IS AN ONLINE INTERACTIVE WEBSITE WHERE USERS CAN FIND AND USE DATA ABOUT THE WELL-BEING OF VERMONT'S CHILDREN, FAMILIES AND COMMUNITIES, INCLUDING INDICATORS FROM HAVYC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morgan Crossman Executive Di | Officer | 40 | $93,018 |
Cheryle Wilcox Co-Chair | OfficerTrustee | 5 | $0 |
Flor Diaz Smith Co-Chair | OfficerTrustee | 5 | $0 |
Becca Webb Treasurer | OfficerTrustee | 5 | $0 |
Renee Kelly Secretary | OfficerTrustee | 5 | $0 |
Sarah Truckle Council Memb | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
University Of Vermont Consulting | 6/29/16 | $170,603 |
Actknowledge Consulting | 6/29/16 | $148,951 |
Howard Center Consulting | 6/29/16 | $138,521 |
Ctechnica Consulting | 6/29/16 | $114,625 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $897,985 |
| All other contributions, gifts, grants, and similar amounts not included above | $569,260 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,467,245 |
| Total Program Service Revenue | $0 |
| Investment income | $1,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,375 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,484,620 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,361 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $542,234 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $65,953 |
| Payroll taxes | $53,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,844 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $275,643 |
| Advertising and promotion | $3,881 |
| Office expenses | $31,528 |
| Information technology | $7,350 |
| Royalties | $0 |
| Occupancy | $37,907 |
| Travel | $2,335 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,931 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,483 |
| Insurance | $8,625 |
| All other expenses | $0 |
| Total functional expenses | $1,297,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $389,720 |
| Pledges and grants receivable | $315,279 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $16,969 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,500 |
| Total assets | $725,468 |
| Accounts payable and accrued expenses | $104,569 |
| Grants payable | $0 |
| Deferred revenue | $9,294 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,750 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $115,613 |
| Net assets without donor restrictions | $341,224 |
| Net assets with donor restrictions | $268,631 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $725,468 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Building Bright Futures State Council Inc has recieved totaling $28,122.
| Awarding Organization | Amount |
|---|---|
Turrell Fund Montclair, NJ PURPOSE: PROGRAM SUPPORT | $18,000 |
Couch Family Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |
Hyde Leadership Charter School-Brooklyn Brooklyn, NY | $3,932,564 | $12,878,236 |
Teach Plus Incorporated Boston, MA | $12,001,505 | $12,042,496 |
Onward Israel Internships And Opportunities Ltd New York, NY | $897,895 | $11,379,184 |
Education Resource Strategies Inc Watertown, MA | $16,861,900 | $10,099,352 |
Entrepreneurial Ventures In Education Quincy, MA | $4,865,485 | $11,072,937 |
Learning Through An Expanded Arts Program Inc New York, NY | $2,991,832 | $9,986,466 |
Unbounded Learning Inc New York, NY | $10,202,052 | $11,682,333 |